ATTOM's new Building Footprints revolutionize real estate, insurance, and urban planning with AI-powered data for over 187 million buildings nationwide.
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| ATTOM's Building Footprints offer unparalleled accuracy for risk assessment, valuations, and infrastructure planning. |
IRVINE, Calif., May 29, 2024:
ATTOM, a leading real estate data powerhouse, has taken a major leap forward by introducing Building Footprints, the latest addition to its comprehensive U.S. property database. This groundbreaking data product provides detailed outlines for over 187 million buildings across the nation, leveraging cutting-edge AI algorithms to ensure precise measurements. Building Footprints promises to revolutionize various industries by offering unparalleled accuracy and insights into the physical layout of properties.
The impact of Building Footprints is far-reaching, transforming how businesses approach risk assessment, property valuation, and infrastructure planning:
Insurance Industry Revolution: For insurance companies, Building Footprints offer a game-changer. By providing accurate building locations and dimensions, insurers can assess risks with greater precision. This translates to more accurate risk pricing for homeowners and businesses, leading to fairer insurance policies.
Enhanced Property Valuations: Real estate professionals can leverage the detailed building outlines to gain a deeper understanding of a property's physical characteristics. This empowers them to make more accurate valuations, ultimately benefiting both buyers and sellers in the real estate market.
Smarter Infrastructure Planning: For government agencies, Building Footprints offer a valuable tool for urban planning. By analyzing the physical layout of buildings across a region, officials can make informed decisions about infrastructure development. This empowers them to optimize future projects, such as planning locations for electric vehicle charging stations or strategically placing new schools and hospitals.
"With Building Footprints, ATTOM is not just enhancing existing applications, but also paving the way for entirely new use cases in real estate, insurance, and urban planning," said Todd Teta, CTO at ATTOM. "This AI-driven solution empowers better planning and analysis, all thanks to precise property outlines."
Key Features of ATTOM's Building Footprints:
Unparalleled Nationwide Coverage: Building Footprints encompass a staggering 187 million buildings across all property types in the United States.
Pixel-Perfect Accuracy: ATTOM has meticulously validated the accuracy of Building Footprints across urban areas down to a pixel level, ensuring exceptional precision.
Regular Updates for Continuous Accuracy: Building Footprints are not static. ATTOM is committed to ongoing data maintenance, realigning existing data with updated parcel boundaries every quarter and incorporating new buildings biannually.
Comprehensive Coverage: Building Footprints encompass not only main structures but also smaller buildings like pool houses or sheds, providing a complete picture of a property's layout.
Seamless Integration: Building Footprints seamlessly integrate with ATTOM's existing data products, such as assessor and parcel boundary information, offering a holistic view of properties.
Unlocking the Power of Building Footprints
ATTOM is hosting a webinar on May 30th titled "Unlocking the Power of Building Footprints and Other Geo-Spatial Data Products for Your Business." This session delves deeper into the capabilities of Building Footprints and how businesses can leverage this innovative data to optimize their operations. Whether you're in the insurance, real estate, or urban planning sector, attending this webinar is a must to gain a competitive edge.
ATTOM's Building Footprints represent a significant leap forward in real estate data solutions. By harnessing the power of AI, ATTOM is empowering businesses across various industries to make smarter decisions, improve efficiency, and ultimately create a more informed and sustainable future.